• TRON mainnet celebrates its fifth anniversary and is now the preferred global blockchain
• TRON has attracted 165 million users worldwide, processed 5.7 billion transactions and achieved second only to Ethereum in terms of TVL
• TRON has developed a well-rounded ecosystem covering DeFi, NFT, GameFi, stablecoins, the metaverse, cross-chain solutions and DIDs
TRON Mainnet Celebrates Fifth Anniversary
TRON mainnet emerged five years ago in late May 2018. The public chain now stands out with its second-to-none performance, scalability and security. It has attracted 165 million users worldwide, processed 5.7 billion transactions and achieved second only to Ethereum in terms of total value locked (TVL).
Hong Kong’s SFC Acceptance
On June 1st 2023 Hong Kong’s Securities and Futures Commission began accepting applications for crypto trading platform licenses. As a top-tier public chain TRON promised full support for Hong Kong’s Web 3.0 ambitions to become a crypto hub of the world.
Achievements by TRON
In five years since it’s launch TRON has established a robust commerce infrastructure via partnerships across the industry and become the go-to choice among on-chain users due to its secure cost effective and efficient underlying blockchain protocol TRC20. The supply of TRC20 USTD exceeded 46.1 billion accounting for 60% of USDT’s total supply making it 10 billion more than ERC20 USTD.
Goals & Ambitions
TRON aims to elevate its stablecoin market cap to $100 billion in 2023 and strive to become the preferred choice for stablecoin users around the world. In October 2022 it was designated as the national blockchain for Commonwealth of Dominica and several other countries have expressed interest in using their technology as well such as Malta Thailand Indonesia etc..
Conclusion
To conclude TRON has been an impressive player within the blockchain industry over this past year with one achievement after another gaining itself 165 million users worldwide 5 7 billion transactions plus being designated as national blockchain for Commonwealth of Dominica which is just one example how they are continuing to stand out from competition offering superior performance scalability security etc..